Snapdealcom a brief company analysis of snapdealcom bachatey raho by snapdealcom snapdealcom is the fastest growing e-commerce company in india snapdealcom history snapdealcom was started in february 2010 as a daily deals snapdealcom acquisitions • in june 2010, snapdeal. Companies news: as softbank nears a deal to sell what was its largest portfolio company in india, we take a deep dive into how snapdeal's valuation fell dramatically. Snapdeal interview details: 341 interview questions and 259 interview reviews posted anonymously by snapdeal interview candidates. Snapdeal has 58k employees and an estimated annual revenue of $140m they have raised $18b in funding check out snapdeal's profile for kunal bahl is the co-founder & ceo of snapdeal and has an approval rating of 37 from owler members snapdeal's latest funding round was snapdeal competitive analysis. The flipkart-snapdeal merger which had dominated headlines since the last couple of months has fallen apart moreover, snapdeal's early-stage investors have been upset with the way softbank has marked the valuation to a sixth of what it was last year after buying out kalaari capital's share in. The article analyzes using reputation monitoring tool, reputepro, how snapdeal and flipkart fared in their flash sale campaigns. New delhi: both kunal and rohit put together have only 65% of stake at snapdeal in spite of getting two back to back offers from flipkart of usd 800 million and usd 950 million, plus having softbank go ahead for the deal, they managed to prevent this merger from happening was this a masterminded. “they (snapdeal founders) are not letting the deal go through,” says a person with direct knowledge of the development it is understood that bahl and bansal have drawn up an alternate plan to run a lean organisation with the money raised from sale of freecharge, its wholly-owned payments subsidiary.
Snapdeal brand is studied in terms of its swot analysis, stp and competitors. In late march, paytm was in the news for expressing interest in picking up japanese investor softbank's stake in snapdeal snapdeal's single largest investor softbank had seen its valuation plummet from the peak of $65 billion to below $1 billion the online payments company paytm withdrew its interest. Information on valuation, funding, cap tables, investors, and executives for snapdeal use the pitchbook platform to explore the full profile. Snapdeal founders if flipkart had acquired snapdeal at a valuation of $900 million, as reported by most media, founders kunal bahl and rohit bansal would have made rs 235 crore and rs 146 crore, respectively, from the transaction bansal holds 253% stake in the company while bahl has 408.
The biggest fallout of the flipkart-snapdeal acquisition not happening may be on the country's startup ecosystem but as two other acquisitions in india show, the best way to get acquired is to build solid assets of genuine value analysis updated: aug 03, 2017 12:28 ist k vaitheeswaran snapdealcom co-founder and. Snapdeal may share statistical data and other details (other than your personal information) without your express or implied consent to facilitates various programmes or initiatives launched by snapdeal, its affiliates, agents, third party service providers, partners or banks & financial institutions, from time to time we may. Launched in 2010 by wharton graduate kunal bahl and iit-delhi alumnus rohit bansal, snapdeal has around 300,000 sellers and delivers in over 6,000 cities and towns in india valuation: earlier this year, flipkart was devalued by multiple investors to anywhere between $9 billion and $11 billion. Snapdeal news - check out the latest news on snapdeal get breaking news updates on snapdeal and published at daily news & analysis.
Snapdeal is an indian e-commerce company based in new delhi, india the company was started by kunal bahl and rohit bansal in february 2010 as of 2014 snapdeal had 300,000 sellers, over 30 million products across 800+ diverse categories from over 125,000 regional, national, and international brands and. Mltinational ecommerce corporation ebay has written off close to $61 mn on its investment in beleaguered online marketplace snapdeal in april 2017, after its valuation fell to $1 bn, snapdeal's biggest investor softbank proposed a merger with rival flipkart in may, the two signed a non-binding letter of.
India's leading banks, digital payment companies and global payments technology company, visa have lined up plans to give discounts in excess of rs 100 crores to snapdeal users over the next 12 months (april 18 – march 19) snapdeal has tied up with 12 banks including hdfc bank, icici bank. One person with knowledge of the discussions said: “due diligence was completed a few days ago and flipkart finally came forward with an offer of close to $850m but they had told snapdeal they would bid around $1bn, and did not say why the valuation had dropped” neither flipkart nor snapdeal would. Flipkart's initial $850m offer was rejected by snapdeal early this month it has now returned with a proposal that values the target at more than $900m — though still well below the $1bn valuation that was informally discussed in april — according to two people with direct knowledge of the new offer.
14 hours ago snapdeal had a high valuation and in february 2016, was valued at $65 billion “at their peak, snapdeal had a lot of money they could afford to invest,” said paula mariwala, partner, seedfund and co-founder, stanford angels snapdeal paid the money to acquire freecharge as they felt they could. Snapdeal's board has also held talks with paytm e-commerce for the sale, which could be at a fraction of the company's peak valuation of $65 billion, the people said snapdeal was among the first indian unicorns, or start-ups valued at $1 billion or more an email sent to snapdeal on wednesday, 26 april,. Snapdeal was just one meeting away from giving away their loss incurring organisation to e-commerce giant flipkart, when recent sell-off of their accessory businesses like freecharge gave them the confidence to call off the merger snapdeal will be in business as an independent authority, in its new.
Social media analytics for snapdeal including engagement, reach, sentiment, share of voice and more all statistics are updated daily and cover all major media types. Online retailer flipkart is close to signing a deal to acquire smaller rival snapdeal at a valuation of $950 million, forcing many snapdeal investors to take a haircut and giving japanese conglomerate and the biggest investor in the company softbank a firmer toehold in india's consumer internet space. Mumbai, february 22 over staffing, high salaries and poor strategy have forced snapdeal to take one of the biggest cost cutting exercises in its short history the company's founders kunal bahl and rohit bansal, in an official mail sent out to all employees, said the company has taken some “tough. Snapdeal on monday terminated talks for a sale to rival flipkart stressing it would be pursuing an independent path in a strategy it calls as 'snapdeal 20' the 20 version of the company is it also considered startups incorporated 2011 onwards for the analysis it is reasonable to assume that the actual.